Alan Sword, who sold Medicare Advantage plans on behalf of Anthem, was suspended in an emergency order issued Jan. 30 by Amy Beard, commissioner of the Indiana Department of Insurance.
Indianapolis-based insurance broker ONI Risk Partners Inc. announced Tuesday that it would acquire Green Owens Insurance Inc., a 38-year-old independent agency based in Franklin.
At least half of the drivers in the Indianapolis 500 field get their life insurance from the same Indianapolis-based insurance agency.
Health insurance brokers in Indianapolis and across the country are increasingly helping companies, especially small ones, move from traditional employer-sponsored health benefits to what they call an individual strategy.
The expansion at Keystone at the Crossing would nearly double the insurance brokerage firm's Indiana workforce to 49.
So-called “zero-premium plans” are priced in such a way that their premiums would be no greater than the federal tax subsidies that low-income buyers could claim.
Apex Benefits Group plans to invest $1 million and add 25 jobs paying an average of $44 an hour.
CNO Financial Group Inc. has agreed to pay $9.9 million to settle allegations by regulators in four states that its Bankers Life subsidiary acted as an investment adviser and broker-dealer without proper state licensing.
More than $3.6 trillion has been restored to U.S. equity values since October amid better-than-estimated earnings and economic data. Indianapolis-based WellPoint Inc. surged 11 percent this week, as the Supreme Court debated the health care law.
Companies that drop insurance coverage could, without spending any more money than they are now, give workers an 11-percent raise or else help them save as much as $2,000 per year buying health coverage in one of the exchanges, IBJ calculations show.
Health insurance brokers, who match up employers with health insurance policies, are about to have a brighter light shone on the commissions they earn from insurers. The likely result: Commissions will fall or flatline and, eventually, fall away in favor of fee-based business models.
Ash Brokerage Corp. and InSource Inc. have merged to create Ash InSource LLC, a company with annual fixed and equity-indexed annuity sales of more than $1 billion.